After weeks of anticipating a government shutdown, the House and Senate were able to avert it — passing a last-minute spending bill that funds the government until November 17th. However, questions remain about whether lawmakers can reach a consensus on next year’s spending by this deadline, especially as several hardliners in Washington strongly disagree on Ukraine funding. With the shutdown out of the way for now, House Republicans are focusing on their impeachment inquiry into President Biden. A hearing was held last Thursday…with Republicans saying they have evidence to back an impeachment. Democrats said no, they don’t. On the Rundown, House Ways and Means Committee Chairman Jason Smith (R-MO) discusses how House Republicans plan to act wisely so a government shutdown is not a threat come November 17th. He also explains why there is talk of House Speaker Kevin McCarthy’s leadership role being in jeopardy despite his success in avoiding a shutdown and how House Republicans are “following the facts” as they investigate the President.
Federal student loan repayments resume this month for millions of Americans after being paused during the COVID-19 pandemic. After the three-year-long pause, many borrowers fear that they won’t be able to make their monthly payments due to high inflation and an elevated cost of living. Earlier this year, President Joe Biden announced a year-long grace period waving the penalties for missed payments as a way to ease the burden. Senior Editor for CNET Money, Nick Wolny, joins the Rundown to break down the benefits of the Biden administration’s SAVE Plan, how people are relying too much on their credit cards, and what you can do to avoid common student loan-related scams.
Plus, commentary by David Marcus, author of “Charade: The Covid Lies That Crushed A Nation.”
